$1,090,000
Est. $6,038/moPrice reduced $60,000 from the original $1,150,000 asking price
3,160 sq ft
18332 Hurst Road, Lynnwood, WA 98037
• Listed May 20, 2026•150 days active · 150 cumulative
Listing Broker: Upgrade Realty; Nick Southard; 206-533-3322; Nick@UpgradeRealty.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Upgrade Realty; Nick Southard; 206-533-3322; Nick@UpgradeRealty.com
About this home
Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!
Listed by Nick Southard • Upgrade Realty
Listing updated: September 30, 2026 at 06:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527527
Around this home
How much should you offer?
18332 Hurst Road, Lynnwood, WA 98037
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 4-Plex
Flooring
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerEdmonds School District
- Lynndale ElemLdPublic · Grades Elementary—
- Meadowdale Middle SchoolPublic · Grades 7-8 · State rank 129 of 5148/10
- Meadowdale High SchoolPublic · Grades 9-12 · State rank 88 of 3968/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 4
- Units below grade
- false
- Building square feet
- 3,160 sq ft
Income & expenses
- Gross scheduled income
- $79,800
- Total monthly income
- $6,650
- Gross adjusted income
- $79,800
- Net operating income
- $66,946
- Cap rate
- 4.8%
- Gross rent multiplier
- 5.7
- Total expenses
- $13,063
- Insurance
- $2,009
- Electric
- $234
- Other expenses
- $545
- Water / sewer / garbage paid by
- 3404
Parking & storage
- Parking spaces
- 4
- Uncovered parking
- 4
Taxes & assessment
- Annual taxes
- $6,870
- Tax year
- 2025
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 18332 Hurst Road
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 30, 2026Price reducedNWMLS via MLS Grid · #2527527$1,090,000$345/sq ft
- May 20, 2026ListedNWMLS via MLS Grid · #2527527$1,150,000$364/sq ft
- Apr 2, 2014SoldNWMLS via MLS Grid · #593255$470,000$149/sq ft
- Mar 25, 2014PendingNWMLS via MLS Grid · #593255$499,900$158/sq ft
- Mar 25, 2014Price reducedNWMLS via MLS Grid · #593255$499,900$158/sq ft
- Feb 13, 2014ListedNWMLS via MLS Grid · #593255$525,000$166/sq ft
Mortgage payment forecast
$6,884 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Upgrade Realty; Nick Southard; 206-533-3322; Nick@UpgradeRealty.com
Market pulse
Lynnwood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 49 days.
Recent sales nearby
Within 1 mile · last 6 months$700,000 Sold
1 week ago
3 bd•1 ba•~1,488 sq ft•Single Family
17514 64th Avenue W, Lynnwood, WA 98037
0%
Over list
—
Days on market
0.7 mi
Distance
$114,487 Sold
1 week ago
1 bd•1.5 ba•Single Family
18501 52nd Avenue W #53, Lynnwood, WA 98037
0%
Over list
84
Days on market
0.4 mi
Distance
$127,000 Sold
1 week ago
3 bd•2 ba•Single Family
17410 52nd Avenue W #1, Lynnwood, WA 98037
2%
Over list
78
Days on market
0.7 mi
Distance
$849,500 Sold
3 weeks ago
3 bd•1.75 ba•~1,920 sq ft•Single Family
17224 61st Place W, Lynnwood, WA 98037
0%
Over list
85
Days on market
0.8 mi
Distance
$45,000 Sold
4 weeks ago
2 bd•2 ba•Single Family
5220 SW 176th Street #16, Lynnwood, WA 98037
25%
Under list
158
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 4:05 AM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
